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A chief financial officer, or CFO, has many responsibilities related to the way money is spent, saved and invested. A CFO is an executive that has an important job in keeping business going – if a company’s finances do not check out, the CMO does not have funds for marketing and the CEO does not …

Executives and managers have many responsibilities to their company, including overseeing day-to-day operations, managing employees, completing their job functions and ensuring the workplace environment is a good one. According to Gallup, only 33% of employees are engaged at work in the U.S. Engagement results when an individual is passionate about their job and workplace, works …

Saving money as a business owner is not always easy – the consistent expenses are expected, but oftentimes the unforeseen expenses are most difficult. While developing a fund for unexpected expenses is important, regularly reassessing your spending ensures you are not overspending. Many tips for saving money can become routine after you are aware of …

Cyber attacks happen often, and while there are steps to be taken to ward these off, they are not totally preventable. The most recent large data breach at Equifax proves it. This is a company that has the most personal information stored about millions of Americans, and their system was hacked and compromised. Any business, …

Bookkeeping is a vital component for a successful business that is usually underrated. Having accurate, timely records makes completing business functions and planning for the future much easier. If the person in charge of your bookkeeping does not have a deep understanding of each of the financial statements and the principles of accounting, your bookkeeping …

Every day, both businesses and individuals are hit with unforeseen expenses and circumstances that require immediate response. These expenses may be large or small, but preparing for a worst-case scenario with a “rainy day” fund is the best way to protect your business. No one wants to have to shell out lots of money, but …

How to best achieve your goals Every company has both overarching, long-term goals as well as objectives to meet in the short-term. Taking the time to visualize these goals and strategize is vital to getting the results you want. Understand how each objective benefits your company, what steps need to be taken to get there, …

As the owner of a growing business, you have increasing responsibilities and priorities in order to become more successful. If you begin to feel overwhelmed or that time is getting away from you, consider taking time to review. Write down every task you have worked on over a couple of days, and how long each …

Staying organized seems like a basic task for a small business owner, but doing so is not always easy. Especially as a business grows, the owner may feel overwhelmed by day-to-day tasks and meetings, and focus less on organization. While letting things get a little chaotic is easy, getting back in order can be much …

Small businesses are faced with many questions and uncertainties on a daily basis, just as larger corporations are. The difference is that large companies can afford to hire CFOs, accountants, financial advisors or industry specialists to help guide decisions and best practices. While a small company may not be able to afford the larger salaries …

Rektio Accounting is in the business of solving problems. The problems we solve are not unique but problems all businesses face. How do I get from here to where I want to be? We focus on learning our clients business. It doesn’t matter how well we “account” if we can’t provide insight and value above and beyond the accounting we are no different than anyone else. This in-depth insight sets us apart. It also allows us to best serve our clients’ needs and help them get to where they want to be.